Weekly Market Review ~ Friday, 03/16/12
Stocks finished largely unchanged on Monday, with little news to push the markets one way or another. On Tuesday, the NASDAQ index closed above the 3000 mark for the first time since late 2000, as good retail, Fed, and banking news simultaneously sent stock prices soaring. The Dow scored its sixth consecutive gain on Wednesday and hit a four-year high on an otherwise uneventful day. Another milestone was passed on Thursday when the S&P 500 closed above 1400 for the first time since June 2008. On Friday the Dow broke its seven session winning streak by closing with a small loss. Still, it was a very good week for stocks.
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